LPWA IoT Marketplace to Record Fast Growth Moving Forward, Says Pyramid Research in Its New Report Available at MarketPublishers.com
29 Apr 2016 • by Natalie Aster
LONDON – Low power wide area (LPWA) IoT technologies offer dramatic improvements in regard to energy consumption, pricing and coverage over wireless and other M2M connection technologies. Hence, the technology’s adoption is robust and is poised to expand in the years to come. Through to 2020, wireless M2M connections are set to expand to 715m and LPWA M2M connections are likely to surpass the 860m mark.
Smart meters will likely become the dominant application, capturing 45% of overall LPWA connections by 2020. Industrial and/or financial applications are set to come second, with the high-potential consumer electronics category following after. Smart city applications, particularly intelligent lighting and/or parking and smart buildings, are projected to make up 12% of overall LPWA connections by the end of the forecast period. LPWA in land vehicle-based applications will likely see limited adoption.
The North America region dominates the LPWA market, largely due to the adoption of random phase multiple access (RPMA) devices in overwhelmingly private networks. LoRa and SigFox wireless networks are also being deployed across the USA. Western Europe is poised to evolve into the largest region with respect to LPWA connections by 2017, but APAC is forecast to overtake it a year after and represent around 46% of the total by 2020.
New cutting-edge report “Low Power Wide Area Internet of Things: Market Forecasts and MNO Approaches” created by Pyramid Research a detailed overview of the LPWA technology on a global scale. It covers M2M and IoT definitions; provides a comparative assessment of the LWPA with respect to other leading conventional wireless technologies; profiles the unlicensed LPWA providers alongside their LWPA offerings and deployment schemes. The report provides a comparative evaluation of the LWPA technology and its influence on 2G technology as well as different comparisons across the 6 application categories. The versatile approaches and intentions of the MNOs as regard to rollout, supporting and reselling of the LWPA network services are discussed. The study provides extensive LWPA and M2M market forecasts, in terms of connections and revenues, across dominant regions and M2M application categories up o 2020. It further outlines the LWPA rollout case studies by select telecom companies, besides shedding light on their pertinent offerings and insight on the uptake of the LWPA technologies. Major findings and a range of recommendations are also available in the publication.
More reports by the publisher can be found at Pyramid Research page.